These are the stories making headlines in fashion on Tuesday.
Zalando acquires majority stake in Highsnobiety
On Monday, European online fashion retailer Zalando announced it had taken a majority stake in Highsnobiety. According to a press release, “the two companies… will leverage each other's complementary strengths by bringing together Highsnobiety’s cultural relevance and insight, fashion authority and storytelling expertise with Zalando's fashion network, e-commerce know-how and operational capabilities.” In a statement, Highsnobiety founder and CEO David Fischer said: “Highsnobiety has mastered the art of turning stories into products and products into stories. I'm very excited to bring our capabilities to Zalando's commitment towards fashion inspiration and together reimagine the future of content and commerce. Equally, I'm thrilled to tap into Zalando's unrivaled expertise in scaling e-commerce platforms and bring my lifetime's passion work to the next level.” Fashionista Inbox